Please answer all parts and show all work, do not use excel. Please show work in a way where I can easily follow your steps and duplicate with different numbers. The answer key is at the bottom, so any answer you get must match that of one of the answer choices to be correct.

1. An annuity immediate has semiannual payments with arithmetic progression of 800, 750, 700, . . . , 350, at i(2) = 0.16. Find the future value of this annuity 3 years after the last payment

2. Quarterly deposits are made into a fund at the beginning of each quarter starting today for 5 years. The first 8 depostis are $1000 each and deposits increase by 1% per quarter thereafter. If the fund earns 8% effective annually, find the accumulated value at the end of 5 years

Numerical answers (in random order): 11143.38, 67.82, 25514.59, 2084.67, 50.46, 67.27, 200, 7851.19, 15, 13940.93, 161.21, 0.1667 Numerical answers (in random order): 11143.38, 67.82, 25514.59, 2084.67, 50.46, 67.27, 200, 7851.19, 15, 13940.93, 161.21, 0.1667